What is an index of short-term paying ability ?

Related Mcqs:

1. What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually ?

   A. P 7,654.04 B. P 7,731.29 C. P 7,420.89 D. P 7,590.12...

2. A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments ?

   A. P 43,600.10 B. P 43,489.47 C. P 43,263.91 D. P 43,763.20...

3. The ability to meet debts as they become due is known as __________________?

   A. Solvency B. Leverage C. Insolvency D. Liquidity...

4. The ability to convert assets to cash quickly is known as ________________?

   A. Solvency B. Liquidity C. Leverage D. Insolvency...

5. What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results ?

   A. Functional depreciation B. Design depreciation C. Physical depreciation D. Demand depreciation...

6. What is an accounting term that represents an inventory account adjustment ?

   A. Cost of goods sold B. Cost accounting C. Standard cost D. Overhead cost...

7. What is another term for “current assets” ?

   A. Fixed assets B. Non-liquid assets C. Liquid assets D. Ccash...

8. What refers to the negotiable claim issued by a bank in lien of a term deposit ?

   A. Time deposit B. Bond C. Capital gain certificate D. Certificate of deposit...

9. What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate______________?

   A. Currency appreciation B. Currency depreciation C. Currency devaluation D. Currency float...

10. What is another term for “acid-test ratio” ?

    A. Current ratio B. Quick ratio C. Profit margin ratio D. Price-earnings ratio...